The rating agency said that the growth momentum has been supported by income tax cuts, GST rate rationalisation, continued momentum in services exports, easing inflationary pressures and RBI rate cuts.

India’s economy to remain resilient with 7% growth in FY27 amid global uncertainties: Report

RBI's task force recommends moves to ease credit markets

Announcements made by Nirmala Sitharaman to support economic growth: SBI chairman

Nifty, Sensex edge higher ahead of RBI's policy outcome

Rupee rises 15 paise to 69.15 against US dollar in early trade

Rupee sheds 16 paise against US dollar in early trade

The Reserve Bank's three-day monetary policy review kicked off yesterday amid speculation that it may hike the key interest rate for the first time since January 2014

Sensex slips 109 points as RBI decision looms

There was also a weak trend at other Asian markets, tracking overnight losses at the Wall Street amid rising geopolitical tensions in the Korean peninsula after North Korea called off talks with South Korea

Sensex sheds at 156 points on political uncertainty

However, weakness in the US dollar against select currencies overseas and a higher opening in domestic equities capped the losses

Rupee sheds 12 paise against US dollar